
Many of your co-workers may be living check
to check. Many will experience a major health event in the future, and
will have difficulty paying regular bills.
Those who elected the
supplemental coverage when given the opportunity to choose - due to
your initiative - will owe you a debt of gratitude. Your initiative to ask for voluntary maternity benefits will have expand choices, and save your co-workers money.
Expand Benefit Options
As you are already aware, Short Term Disability and Hospital Indemnity can only be purchased through your employer. You couldn't find these programs direct, nor will your co-workers. Your co-workers will have access to important benefit options.
Policies sold at work allow for group underwriting, which means your co-workers with existing medical conditions are more likely to get affordable coverage. Under certain conditions, you and/or your co-workers may be able to get coverage regardless of medical history.
Lower Costs for Co-Workers
Group Rates - Program rates are often much lower for the policy classes you might find direct. Pre-tax Savings - Paying premium via pre-tax payroll deduction saves Federal Income, FICA, and State Income taxes. Saving range from 15% to 40% depending on income and state of residence.